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. >>> inflation tops the list for china's central bank chief. he's put off retirement to help oversee the economy. hello i'm yuko fukushima and this is "asia biz forecast." for many this past week the central focus was the central bank. the bank of japan welcomed a new chief and opened the door to a new era of monetary policy. haruhiko kuroda was sworn in wednesday as the new boj governor. he took over a day after masaaki shirakawa stepped down, kuroda bringing an end to more than a decade of inflation. prime minister shin bow abe it requires closer coordination between the government and the central bank as well as a boj chief willing to undertake bold monetary easing. by all accounts, kuroda is his man. >> translator: the japanese economy has been struggling with deflation for nearly 15 years. the greatest mission of the central bank is to end deflation and achieve the inflation target of 2% as soon as possible. >> cue row do da has said he believes the boj can achieve the target within two years and says he'll use every tool at his disposal to make that happen. >> translator: the bank of japan
in the regional economy and again there is so much business activity. and we are blessed with just being in this part of the country and the world. i'm very interested in what we are going to hear from our speakers this morning to sort off guide us through this year. now before we get to our program please join me in thanking the organizations and people who made this possible. and you can clap now for awful them but -- this event is jointly presented by san francisco business times and our partner, title sponsor corn irand carey commercial new mark, night, frank. and we are going it hear from dan clef man and dan class man some 14 year ago really came up with this idea, we sat down over lunch and there was another person involved allen cline knelt and which came up with this idea and so i have to give dan much much credit for that. (applause). . very much so. and in 2012, cornish and carey, dominated the area of commercial real estate with over $6 billion in leasing and sales transactions so very good there. and you are soon going to hear from dan and he is going to give us that a go
now. >>> thank you, victor. see you at the top of the hour. one america but two economies. the evidence is mounting, stocks, jobs, housing, recent data show all three are improving big time, but not everyone is feeling it. poll finds 55% say buying stocks right now is good and 43% say a good idea. 69% describe the economy as poor or very poor. only a third say the economy is in good shape and retirement, are you prepared? a survey from the employee benefit research institute asks americans 25 and older and only 13% feel confident they'll have enough money to retire comfortably. it was more than twice that percentage before the recession, 49% those two slices on the left of your screen said they were not too or not at all confident, that's the highest percentage that group has ever recorded. will cain is a cnn contributor and good friend of the show and marc lamont hill, associate professor, stocks are up 10%, in the post crisis world do the rich get rich, and everyone else just runs in place? >> yes because the rich are accessing good information and they know now is a gre
american companies are doing well and the economy is starting to look up, but there's no denying this it rally is in large part fuelled by the fed, which has kept interest rates so low you can't make money anyone other than than the housing and stock markets. to help prop up the down economy, the fed has been pumping money into the system every month in exchange for bonds. that increases the money supply. it drives down interest rates. for awhile now shs the fed's funds rate and other loans that americans use to raise money that be at near zero. the hope is that banks and other lenders will use this cash to lend to consumers and businesses. borrowers will purchase homes and cars or start new businesses and get the economy churning again. it's been working. home prices are rising again due to low mortgage rates. more americans are finding jobs again. it won't stop printing until the unemployment rate dips below 6.5% which means the fed's will be at it until 2015. the flip side to the fed's action is that investors in bonds and interest baring accounts have suffered. it's a low-int
jobs and grow the economy. democrats disagree. they think you do not send enough money to washington. their budget increases taxes by $1.5 trillion on top of the hundreds of billions they have already added to your tax bills at the beginning of the year. they also have no plans to say the entitlement programs even though the president knows doing is not about the costs an option. doing nothing makes no sense. budgets are about setting priorities. republicans realize we have a moral obligation to spend your hard earned tax dollars wisely. we should but only what we need to cover the functions of government and not a dollar more. that is why we support reforms to fix the programs washington should be funding and a limited programs it shouldn't and balance a budget. federali note that the government wastes hundreds of dollars each year. we need to identify and remove wasteful areas of the budget. instead the president has decided to cut on order security, first responders, and law enforcement. the director of u.s. immigration and customs recently testified before a house subcommittee th
the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses ♪ (train horn) vo: wherever our trains go, the economy comes life. norfolk southern. one line, infinite possibilities. neil: government officials say they want to clean up the tax code. to make a very serious point, the government is looking at a uniform internet tax. when we were told would never happen. on top of the other taxes that we were told would never happen. this federal internet tax, i am telling you, get ready for it. it i coming soon. charles payne and melissa francis they do not expect it to stay at the levels for long. it is here, the question is whether europe starts low and high. >> you are right, it opens the gate to that. but it makes you very nervous. one of the things about buying online is that a lot of the ti
when the economy is struggling? >> i agree 100% with you. there is no creativity at all. >> i like the show even more all the time. [laughter] neil: thank you, guys. thank you very much. in the meantime, what is jimmy fallon getting that has a guy named mitch saying my goodness the husqvarna all-wheel-drive mower is here. engineered with a unique drive system and dual transmission. all-wheel traction. all-wheel power. all done. only from husqvarna. challenge the impossible. all your imptant legal matters in just minutes. protect youramily... and launch your dreams. at legalzoom.com we put the law on your side. got you ! you cannot escape the rebel forces ! ahhh. got you ! got ya ! gotcha ! got ya. that's all you got, brother ? take that. never having to surrender the things thamatter. gotcha. that's powerful. verizon. [inaudible] >> keep up the good work. >> thank you. neil: if jimmy fallon does get "the tonight show" and it does come to new york, the joke ultimately could be on businesses already in new york. because andrew cuomo's new budget would give this show a huge tax break
earnings cycle. also in this environment the u.s. economy is growing more like 2% and a lot less like 4 in that environment pricing is going to be challenged and the top line sales is not going to be universal for all firms. it will be balance sheet by balance sheet and case by case. security collection becomes far more important. >> i was going to say as you point out the profit growth picture has been pretty good but we are getting at the mature point in that cycle and the forecast is about 1% or 2% overall growth. there are always ways to make more money than the index tracking would lead you to believe. where do you think the pockets of possible better than average profits would be? >> so we do like equities. when you compare that to fixed income certainly in government space so we like equities and we like global equities. it will have to be a multi asset strategy which is kind of all of the above. looking at commodities and debt and equities and looking in companies in europe. there are good companies with strong balance sheets in europe, as well. looking into russia, indonesia, m
when the economy is struggling? >> i agree 100% with you. there is no creativity at all. >> like the show even more all the time. [laughter] neil: thank you, guys. thank you very much. in the meantime, what is jimmy fallon getting that has a guy named mitch saying my goodness [inaudible] >> keep up the good work. >> thank you. neil: if jim fallon does get "the tonight show" and it does come to new york, the joke ultimately could be on businesses already in new york. because andrew cuomo's new budget would give this show a huge tax break for moving into the big apple. other companies are saying, hello, what about us, we have been struggling in the big apple and have not left the big apple. we have been supporting the big apple. why not give us a break for sustaining the big apple? sporting-goods ceo mitch mundell is one of them would he think. >> i applaud the governor. it's going to create jobs. it is all about job creation. you know better than everyone. >> it will bring people to new york, hire more people for the hotels and restaurants. >> i think he will be tremendous. at th
to see to tame these large banks and give us a stable financial system that supports the real economy, not just trading profits of a large financial institution. >> were you surprised by anything you heard at those hearings? >> i was. i viewed i, like a lot of peopl jpmorgan chase as a free will managed bank. i was surprised at them to build these huge positions and even when he started calling foul, the next level of management above him really didn't get on top of it. i was not surprised by appalled by the way they were manipulating their models that are supposed to be able to determine how much risk is involved in various trading positions. >> what advantage did they gain from manipulating those positions? >> well, there were a couple things going on. one was it was clear they were trying to boost their regulatory capital ratios in anticipation of new capital rules coming into effect. this is a key defect with the way regulators bank. regulators view capital adequacy at these large banks. they left those capital ratios to be determined in part by the risk models of the banks. the b
economy having said that i'm not living with my head in the sand here i recognize that a lot of markets are still suffering a little bit and this graph show you's you the change of value in home price from their local market peak to where they are at present the case sowler composite and san francisco is halfway through the pack there down to about 33% and so whole values are still off from where they were before but if you look at where we are from the low point until where we are today, san francisco is looking a little bit better and oakland is not a member city and they randomly take 20 cities that are plead broadly representative of the housing market and san francisco is the second line on here and posted as one of the naysest paces of recovery and so we get some help from residential construction and we also get help from securelier spending this is what i'm showing here and this is the debt service ratio and it's an interesting concept if says if you add up my mortgage payment and car payment and any other kind of consumer debt that i carey and how much of that is a% of personal
the economy is struggling? >> i agree 100% with you. there is no creativity at all. >> i like the show even more all the time. [laughter] neil: thank you, guys. thank you very much. in the meantime, what is jimmy fallon getting that has a guy named mtch saying my goodness alec, for this mission i uraded your smart phone. ♪ right. but the most important feature of all is... the capital one purchase eraser. i can redeem the double miles i earned with my venture card to erase recent travel purchases. d with a few clicks, this mission never happened. uh, what's this button do? [ electricity zaps ] ♪ you requested backup? yes. yes i did. what's in your wallet? ♪ [ male announcer ] how do you engineer a true automotive breakthrough? ♪ you give it bold styling, unsurpassed luxury and nearly 1,000 improvements. the redesigned 2013 glk. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. [inaudible] >> keep up the good work. >> thank you. neil: if jimmy fallon does get "the tonight show" and it does come to new york, the joke ultimately
? and your h're not seeing it-- >> the moving service economy which unions have. >> go ahead, adam. >> charlie was making an interesting point and i think i can help him here because the deal you said earlier, why why don't unions give in to the weight of the private sector employees have given in. well, the fact of the matter is. a lot of people watching this understand that. those benefits aren't very good sometimes so i don't fault the union leadership for saying-- >> private sector on everything from health care, to-- >> and we don't want our members to-- >> well, guys, here let me finish. a thousand jobs, a thousand workers, the private sector guys getting screwed for the jobs or you could have a hundred guys getting lavish benefits because that's all the company can afford. >> and what about the numbers, charles. >> what we're forgetting that we as taxpayers fund at least in the case of the public union members, their benefits. their incredibly generous benefits compared to ours. we're paying for them. we fork over the money and pay the bills. and i think that's the a distinc
are not seeing it. >> u.s. has stopped becoming a manufacturing and has become a service economy. >> neil: go ahead, adam. >> charlie was making an interesting pointed. you said earlier why don't unions give in the way the private sector employees have given in in the fact of the matter is a lot of people watch that understand that the benefits aren't very good sometimes. >> private sector gets screwed on everything. >> here is the thing. let me finish. thousand jobs or a thousand workers, those private sector guys getting screwed are a getting hundred guys getting lavish benefits. >> sounds like the grapes of wrath. >> neil: are we forgetting that we as taxpayers fund at least in the case of the public, union members their benefits, their incredibly generous benefits compared to ours? we are paying for them. we fork over the money and pay the bills. i think that is the issue that is lost. hey, taxpayers you are here as a service to me. you help me and i'm paying through the nose for you. >>> when the teachers strike in chicago it makes people angry. they know that, frankly we the american pe
picture this is going to benefit the country or the economy. >> we're going to repeat this over and over again. nancy pelosi says let's pass it so we can read it. they don't know the definition of a full time employee. all she knows she probably not getting healthcare. >> eric: i'm holding a constitution in the hand which i carry with me. i page through this. i can't find government can require me to purchase something. >> eric, it's unfortunate. the government, it's a fascist government. they can force you to do anything they wanted to do. why we are celebrating something that is horror like obamacare is beyond me. you are talking about a birthday. i tell you what, here is the birthday. you see this cookie, the cookie crumbles. [ laughter ] >> it's not worth anything. they should turn around get rid of it. >> eric: we're laughing but the economy rests on healthcare. 15-17% of the economy, if this fails we're in deep trouble. >> everybody left and right says we have to get the costs under control. look, i'm glad you got a cake here eric because what the folks on the right is help themsel
want to discourage. at a time when the economy is struggling? >> i agree 100% with you. there is no creativity at all. >> i like the show even more all the time. [laughter] neil: thank you, guys. thank you very much. in the meantime, what is jimmy fallon getting that has a guy named mitch saying my goodness my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take idea and ke it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalom.com we put the law on your side. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something import
industry is a more efficient supplier of funds to the real economy than banks. it is simply less costly to sell bonds, notes and commercial paper to investors than to borrow from a bank. finish since the mid 1980s by intermediating these transactions, the securities industry has supplied 15 times more financing to the real economy than banking. and it has done so without government prudential regulation. when the financial crisis came, lightly-regulated investment bank withs like bear stearns, lehman brothers and merrill lynch did no worse than heavily-regulated fdic-insured commercial banks like wachovia, washington mutual and indy mac. so it's hard to see that more and titled regulation is really the answer. what we are watching in the name of prudential regulation is the government gradually squeezing the life out of the banking industry the way the interstate commerce commission gradually squeezed the life out of the railroads. if we let the government insure and provide prudential regulation to the securities business as some regulators have now proposed, we'll pay a heavy price in
to our economy? >> what it means to our economy, the lawmakers, what gaur gary b is correct. voters are not against this, voters are against this. and like trying to find the bravest frenchman, it's tough to find an honest one out there. >> and this is by the way-- >> and this is the entire french vote and i don't care how. >> they don't want this. >> and here is the difference, here is the difference. >> and one thing about this is, even if everybody in the world is doing it, it is still wrong. congress comes out and says, we don't want pork and they also said we're going to stand up for simpson bowls and cut spending and raise revenue, we can't do that. they all say they're against pork and every single one of them do it, it's a systemic problem and it's a character problem that we have indeed seen and it means these guys are not doing it for our country. >> john, one thing, take a breath for god's sake. the issue here is that if jonas got, you know, the extra bonus coming early. taxpayers weren't paying for it. in this situation, clearly, taxpayers who in theory brought congressm
companies. real innovative companies popping up. that is what i worry about the u.s. economies. where are those bold innovative companies. and i would make another footnote about the buybacks. yes, record numbers since 2009. but that is because the feds are buying back their own shares. they say let them pass the stress test. they really struggle and diluted earnings per share. diluted their capital base with a lot of shares during the crisis. they have basically flooded the market to recapitalize and buying it back. the. neil: in cyprus explodes and banks reopened, let's see what happens to the residents of cyprus. people say oh, we are there for you. then you realize that they aren't. have a good weekend >> welcome, i am shibani joshi and four gerri willis. we will tackle the new blackberry. as i don't have anything to worry about? we will discover andalk about that as well. and the faa starts to close air traffic control towers. we will tell you how that ca affect your travel plans going into the spring. but first, raising $8.5 billion and euros needed to see the bailout from the e
care system is the largest economy in the world. we spend on health care more than the french spend on everything for 66 million people. >> of the three brothers, while he is the author of the book, he's not the one most people know from television, which doesn't mean he hasn't done television. >> here's zeke. zeke emanuel, a smart kid from harvard, now a yank at oxford. >> this was an early tv reality show called "now get out of that" which aired on the bbc in 1981. it was part intellectual challenge, part physical, obstacles, problem solving. and as you'll hear, it's not just zeke's chicago accent that sets him apart, it's how he throws himself into and at everything. >> but says you may not walk inside the area. >> that's what it says here, walk. >> later in the bog area -- >> hang on. >> it's not a top. it's a milk can or something. >> then in the water. >> this ain't no raft. where's the rubber dinghy. >> at 27 he shows physique and courage, but always leads with his brain. >> you have to hand it to zeke. he may be pushy, but where would they be without him? >> which brings us
the week. the bureau could recover a little bit, despite economic disappointing data. the german economy seems to lose momentum. the ifo index dropped for the first time in a month. emma we stay in frankfurt for a closer look at the numbers. the dax fell just slightly, but bigger losses over the course of the week, finishing at 7911. that is how it went in the week in the euro stoxx 50. let's call it finishing flat. across the atlantic on wall street, the dow slightly higher, 14,496. the euro trading higher at a value of $1.2979. u.s. president barack obama has been in jordan this friday on the final leg of his middle east tour. talks with jordan's king focused primarily on the civil war in neighboring syria. >> obama said he was worried syria could become a haven for muslim extremists -- when, not if president assad is ousted. he urged the international community to work together to make sure there is a credible opposition ready to step into the breach. >> the final leg of barack obama's tour of the middle east will be dominated by one issue. with the conflict in syria on going, jordan
a summit of the brics group of emerging economies, including brazil, india, russia and the host nation. he wants to bring the block closer together so it can exert more influence. in tanzania, in the republic of conga, president xi will work on the natural resources needed to feed china's economic engine. analysts say the chinese leader is being strategic with his first trip abroad. they say he is trying to strengthen ties with russia and emerging economies to give china more global influence in a world where the united states plays a leading role. takafumi terui, nhk world. >>> investigators looking into this week's cyberattack against south korean broadcasters and banks are withdrawing a claim they made early on. they initially said a malicious code came from an internet address in china. now they say that's not the case. a computer virus triggered a massive failure at three broadcasters, including kbs and three major banks. it disabled more than 32,000 computers. investigators said a day later the virus that hackers sent to a cooperative bank originated from a chinese ip address. they n
business reporters carolyn said on an upcoming article about recovering local economy from dbi permit issuance. since the uptick in the amount of permits we've been issuing on buildings is probably a good sign in terms of how the economy is going, so, that's going to be an article that's going to be coming out soon. i guess that's it for the report today. >> is there any public comment on the president's announcements? okay. seeing none, item 3, general public comment. the bic will take public comment on matters within the jurisdiction that are not part of this agenda. ~ is there any public available? seeing none, we will move on to item number 4. discussion and possible action to elect bic officers. 4a, waiver of bic rules to hold bic offer certificate election on a different date, 4b, election of president, 4c, election of vice president. >> so, we wanted to get some action on waiving the rules of the commission because we wanted to postpone the election of the board president and vice president till the next meeting when more commissioners could be present. >> i move to waive the r
just a continuation of the same slump that had been afflicting the british economy since the end of the first world war. so they saw a situation in which the fruits of science and progress were not benefiting science concern society as a whole, and they concluded that the rational organization of science and society was the only way to change that. the other important factor was that scientists had far more international context than almost any other segment of society at this time. and so far sooner than most were very aware of the terrible evils of nazi germany beginning with the persecution and dismissal of all jewish scientists from german universities in 1933. blackett himself was involved as many of these british and american scientists were during this period in finding positions for refugee jewish scientists from germany in universities in britain and america. but i think their politics was far less important than their or brilliance, their commitment and their true fearlessness. the scientists in britain and america who would be involved in this effort included no fewer
the economy has been so weak. >> what about food and gas prices? >> one thing is the defined benefit lifetime retirement program. those are gone. so you are not -- you just don't have enough money if you're retiring to live off of it, and the government is now broke, in effect. they can't step in and make this up. >> how much are they paying down in the government debt? >> well, the government debt is actually not going down, if i may say. so we are going to have a deficit this year of a trillion 300 billion dollars which is $25 billion a week. it's the worst deficit that we've had, and nobody knows. >> social security is easy to fix. you lift the cap right now if >>> predictions. pat. >> immigration reform passes the house. republicans kill it in the senate. >> eleanor. >>next state to legalize gay marriage. >> what state? >> illinois. >> susan. >> immigration reform is going to run into big trouble in congress. >> really. mort. >> what i think the economy is going to remain >>> i predict that president abi of japan trying to revitalize his economy by loosening its grip on inflation will ove
-time workers. i don't see how in the big picture this is going to benefit the country or the economy. >> wayne is the first person to repeat this over and over. panelsy pelosi said let's pass so it we can read it. they don't even know the definition of a full time employee yet. is this woman full time? she doesn't know. all she knows is she's probably not getting health care. >> before you answer that, i'm holding a copy of the u.s. constitution in my hand which i carry with me at all times. i page through this time and time again and i can't find anywhere in it that says government can require me to purchase something. >> well, eric, it's unfortunate. the government is -- it's a fashous government. they cans for you to do anything they want to. why we're celebrating something that is a horror like obama care is hond me. you're talking about a birthday, i'll tell you what. birthday you see this cookie, well, the cookie crumbles. see. that's what happens. because it's not worth anything. and they should turn around and get rid of it. >> we're laughing but the economy really rests on health care
of america's biggest cities. siemens. answers. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> it is the kind of plot you may find in a spy model, older man falls for a beautiful young women and falls for something and it isn't love. that's what allegedly happens with this defense contractor and former army officer. he is charged with passing nuclear secrets to his chinese girlfriend. here is cnn's brian todd. >> reporter: he is an army reservist with top secret clearance, doing contract work for contract command in ohio. benjamin bishop stands accused of leaking nuclear secrets, weapons, war plans, early warning radar systems. u.s. officials say he gave them to a chinese woman 32 years younger who he was having a relationship with. bishop was arrested and in is in custody. his attorney says this. >> served his country honorably for 29 years. maintains he would never do anything to intentionally harm the united states. >> reporter: is the woman a chinese spy? court documents identify her as person one. 27 years ol
of the labor pool, you know, i think -- i think it makes a lot more sense that the economy is not growing. all we're doing is spending more money for the things that we buy and so it's a charade, a facade. looks like we're growing, but we're contracting. i think that's going to get worse as time goes on. shibani: fueled by money printing. peter, always great to have you on. thank you very much for joining us today. >> you're welcome. shibani: switching gears and giving lou dobbs a chance of this. if the tiny med trainian island collapses, does it take the entire eurozone with it? i saw you taking notes. i know you want to jump in here, thouts on what peter said? >> peter, i always enjoy listening to his perspective on the world. he said that cypress, you know, could happen anywhere. he did later acknowledge it was an extreme example of banking and sovereignty gone wrong. here's the reality. cypress is now learning that it made serious mistakes. it tried to take the eurozone, the european commission, the inrnational monetary fund and the e. cb to the brink. they play ad like fools. that's how t
economy. with me is david callahan from a liberal think tank. let's take the rate for billionaires. and then they want 45% for millionaires, right? number one, i don't quite understand. i guess billionaires and millionaires would have to hand over their personal portfolio information to the irs? that would have to happen, right? >> the idea here, bill, is that donald trump and his dermatologists shouldn't be paying the same tax rate. right now, after 39 percent, everybody who makes more than $400,000 a year pays the same rate. so, it doesn't make sense that a dermatologist making $425,000 a year pays the same rate. >> bill: why doesn't that make sense? you always have a top rate on anything, okay? so you want a progressive rate up to infinity, i guess. that would require the federal government to go into my house and almost do a cool could you legs of what i'm worth to put a onerous taxation on me. do you believe it's right for any of government to impossession a 39%, 45% on anybody. >> that's what lobled degeneres. >> i want to know what you believe. >> 1981 the tax rate. >> back
economy, look at that. >> what do they do? >> they make air conditioning equipment and that's why -- and in a modular way so it can be expanded when you're in a commercial air conditioning you can add units to it along the way. >> what about ann? >> it's not one i'm looking at now. in fact, i'm looking at these banks and there is talk of them collapsing in cyprus. many are doing well like in japan. japan's banks collapsed but it was 20 years ago. nom nomoro is strong. this is one that i own and i think it should be in your portfolio. >> what about u.s. banks? do we kind of made them very whole over the last couple years. >> and they are strong, bank of america not too far off from its high. financials here or abroad, maybe cyprus but not here at home. >> we'll leave it there. and here is a story you need to know. a girl scout troop getting pranked, someone ordering 6,000 boxes of the cookies totaling 24 grand. it was a scam and the girls were left with unsold cookies. americans are coming to the rescue buying around 4,000 boxes last saturday and you can help them get the last laug
deal with the economy. the senate plan calls for $46.5 trillion in spending, nearly $5 trillion more than the house plan and more revenue an additional $1 billion more than the house plan. the biggest difference would be the impact on the nation's ballooning deficit. the senate plan is projected to cut spending by $975 billion over the next ten year. in the same time the house plan would cut a lot more. $6 trillion nearly. and if all this is not enough number crunching for you president obama is expected to release his budget plan in early april. of course, we will take a look and report. >>> europe holding its collective breath time as the nation of cypress teethers on bankruptcy. a lot of wealthy europeans particularly russians park their money in cyprus bank. if the financial system fails. they will be asked to foot the bill for the bailout of the bank. we started seeing how they might pay with talk of a 20% tax on bank deposits. a chance the banks to collapse by tuesday there. >> reporter: harris that is absolutely right. unless there is a bailout deal and reportedly that could b
for your health if you live in a high supply sexual economy where stds are on the rise or risk unwanted pregnancy. there are reasons celibacy is good for your health. i couldn't find one bit of data being bad for your health. >> i love how you just say it, wendy. that's why you have you have on. >> i just say it. just because you're not having sex doesn't mean you're not ejaculating. you know that. you sleep in a man's body every night. you know how it works. >> okay. not all sex but physical touch is necessary. there are programs for older folks who get things like massage because they need it. right? >> we do know nonsexual touch is one of the best life enhancing thing out there. in my book when i ask girls to get off the hook-up to schedule a massage. they will miss touch. touch is an important thing. we are seeing the rise of pets with single people. we need to reach out and get used to nonsexual touch as a good thing. >> okay. >> there are some now that not only are embracing celibacy, they are hitting the reset button even. they are called born again virgins. talk to me about it.
in the earlier piece some of the role it's playing. but king abdullah's on somewhat shaky ground, the economy is bad, and part of the problem is the refugees are a huge pressure point as the king sort of eloquently said today. few of us saw the foreign minister this afternoon who said it's almost as if-- he said it's as if another eight or nine, the king said 10% has been added to our population. the foreign minister said eye asked him the question the king was asked, would you ever shut your doors? and he said we just can't do that. but i have to say my nightmare scenario is i get a call at 3:00 a.m. and i'm told there are 50,000 refugees at the border, what do we do? >> margaret, just to wrap up quickly, we know the bulk of the president's time was spent in israel, trying to patch up relations there, but also calling for new thinking on the part of the israelis and palestinians. have you picked up reaction yet to what the president was saying? >> jied, in the public, especially in the left in israel, there was great-- great joy at what the president had to say about resolving the conflict.
contributes to the local economy, $2.3 billion. so, the effect of the furloughs, as a result of sequestration, how do you expect that to play out? >> well, i can tell you that it's impacting my friends, my neighbors, it's impacting families throughout southern illinois. you're looking at people giving up 20% of their pay, and that's going to have a profound impact on the local economy. you know, those people who aren't getting a full week's pay for a full week's work won't be buying new cars. they certainly won't be buying new houses. and they won't be going down and getting that widescreen tv, or maybe going out to eat. >> right. >> and so, that's going to have a ripple effect throughout the economy. i'd like to point out, too, it's not just scott air force base. you know, we have federal prisons, and -- who are facing furloughs. that's a profound impact not only on the economy but also on the safety of those other prison employees. we have the shawnee national forest, the largest national forest in illinois, very significant impact. >> yeah. well -- >> we're losing three air control towers.
, bonnie. the outpouring response to the globalization of the economy is responsible. if it weren't for women's incomes, the american standard of living would have taken a nose-dive. >> i think it would be more accurate to say the break down of the family is the problem here and that contributes to cull cheurkt woes and other woes that go with it. >> it's a simple explaintion for a difficult problem. >> i don't think it's something that has been a phenomenal or occurring in the future. it's been going on for decades. >> it's been going on for decades but a couple of decades more women can't find men they want to be with permanently so they have kids on their own. and i don't know the percentages in this survey that we're discussing, but i would imagine a lot of those single parent families that they're talking about are not divorced women, are not widows but they are women that actually went out on their own and had children and i want to know what you all think the impact of that is on raising sons? >> you know, the notion of a vicious cycle is very important here. if men are not
and the exposure for an up scale venue is priceless. all of this is good for the musicians, the economy, great for the audience and for the community of san francisco in general. the razz room has also supported many benefits for a variety of causes in the bay area, it is a powerful, positive force in the community. and the down turn in the economy has taken its toll on all of us in the entertainment industry. and i am hoping that they can resolve these issues so that rory and robert could continue to be successful in their small business, which means the world to all of us. we need them. thank you. >> thank you, very much. next? >> madam commissioner, commission, my name is shelly tatum, and i am here to speak on behalf of live at the razz. i have been working with them for about the last three years. prior to working with them, i had the opportunity to work with the show room and tommy ts. and i consulted both of them and i heard one speaker say that the others had... they think had sound issues and tommy gs wanted to do live and they eventually shut down the operation when in fact i think t
board before the rest of economy class. is it worth it for you? the program is being tested at airports in texas, maryland, virginia and florida. >>> it's been a long time coming after a year and a half of anticipation. the blackberry z-10 hit stores today. the redesigned touch screen blackberry is available through at&t. verizon, t-mobile and sprint versions will be able in the coming weeks. it allows users to have multiple apps open just like a computer desktop. a new keyboard blackberry is coming in two to three months. >>> in health matters, norovirus is now the biggest cause of severe stomach troubles for young kids. researchers at the centers for disease control reviewed data on more than 140,000 children under the age of 5 who visited a doctor for acute gastroenteritis. norovirus is highly contagious and spread through close contact with sick people and contaminated food. >>> another reason to avoid sodium. harvard researchers have linked excess salt consumption to more than two million deaths worldwide in 2010. the doctors analyzed more than 200 studies looking at the sodium int
. that is a good thing. >> reporter: in the improving economy the public offerings have done well this year. >> it shows there is confidence coming back into the marketplace when you see all of these ipos coming to the marketplace. >>> one reason they are attractive these days compared to government bonds and pass book saving accounts that pay nothing if you are willing to take a little bit of a risk in the stock market you really can make some money. >> we could have up to 33ipos raising about $8.5 billion in revenues, that is positive for the market. >> the only worry that investors drove marins prices artificially high like facebook. that is lingering below the initial offering price. back to you. >>> it looks like tkpwaog sell is hopping on the smart watchband wagon. the company is exploring making a watch with android technology that would connect with its smart phone. google has made a splash with the internet connected glasses thank you see there. they are already in the works. apskpel samsung are working on watches. no word when the google watch could hit the market. >>> the camp su
we are familiar with the economy, some of the issues relative to re-location, some of the issues in terms of attracting the best kind of talent to work for san francisco cta. just briefly the first phase of our recruitment starts -- i guess it started last week when we met with staff to get a framework for the aggressive timeline that you set before us in terms of the outreach and selection and evaluation of candidates to talk about logistics, to talk about the steps in the search process, but in all honesty the search is divided into three phases. the first phase is what we call the getting to know you, and that is when we get a good understanding of the organization. we want to find out what the key core competencies are. we want to talk to as many stakeholder as you deem necessary so we're awaiting your instructions and directions relative to the stakeholders beyond the board of supervisors and beyond this commission to identify the people that you want us to talk to and we will do that either face-to-face where appropriate, some telephonicically but we will definitely spe
and with limited incomes in this economy that is way too expensive for some to be able to afford and believe it will cause displacement for people trying to do something for the very opposite that is trying to prevent a displacement. it seems only fair that rather to allow for a hundred percent of for these retrofit i am improvements to pass through these renters we look at the line of 50 percent split and actually truth be told, we believe what the property i am improvements that the owners are getting the fact that they can write this off on their taxers they are also preserving their property and as you heard one of the owners today speak of their possibilities for renting the apartment for a higher value and in fact it makes more sense that tents tenants should have no cost to bear in this, however we understand the benefits, renters and the cost being somewhat limited if we did a 50 percent pass through where we shared cost. we do think that is fair and we are willing to support that. >> thank you. >> mr. goal son. >> ted goal son. i want to reiterate what sally said. most capital i am
no longer control my impulse buys so i think it's good for the economy. they shouldn't be recalling them. they should be compulsory. >> make sure you buy everything nine items at a time. >> i do now, i do. >> lululemon, i stayed out of that. i work out basketball, in an old paint ball t-shirt. >> hope we never see them on rush limbaugh on "the tonight show" hosted by jimmy fallon. >> thank you to both of you. >> thank you. >> they're so funny. >>> this bowl sold for $2.2 million at auction. that's a nice investment. >> we're going to warm up. looking good, good. >> we're going to be putting this device on sanjay and raise the heart rate. >> i'm dr. sanjay gupta, this weekend, how wireless health care could change your life. >> it's very much more sophisticated way to assess somebody's fitness real time and allow them to create a plan around their fitness. >> everything's getting more and more precise, to help you elongate your career or make it the best you cannen. >> i'm continually interested in and fascinated by how much athletes, patients, everybody wants their own data. >> this sund
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